Resources

Helpful Articles and Tips for Custom Building

Common Mistakes When Planning to Build a New Home…And How to Avoid Them

Expert insight about what to expect when planning to build a new house so you can avoid the common obstacles or be prepared to deal any surprises. This article reveals 3 common mistakes taken by real-world clients, plus tips on how you can avoid making those mistakes.

The 3 Keys to Designing Beautiful Spaces When Building a Home

The 3 Keys to Designing Beautiful Spaces When Building a Custom Home

This article reveals the three major focus points that are critical to achieving a successful design for planning and constructing a custom home and by showing that every foundational choice requires a balance between affordable, practical and desirable, and how finding the ideal mix is crucial to producing the home of your dreams.

Knocking Out the Fear of Punch Lists

Knocking Out the Fear of Punch Lists

We take a “deep dive” into an often overlooked and under-appreciated aspect of construction contracts by explaining the best practices for addressing punch list items.

How to Choose the Right Builder

Choosing a Qualified Builder for Your New Home

Get expert insight on how to choose a home builder, including what to look for in their licenses, insurance coverage, and their online reviews. Also learn the distinction between a “Licensed Contractor” and “Licensed Builder”.

How to Obtain and Accurate Quote for a Custom Home - Carroll Construction Article

How to Obtain an ACCURATE Quote for a Custom Home

“How to Obtain an Accurate Quote for a Custom Home” is a free resource on how to avoid that bait and switch feeling when building a custom house.

green building eco environmental friendly home construction

Green Building: Environmentally Friendly Home Design

We have studied green building for years so that you don’t have to. We take the guesswork out of green building so you don’t break the bank.

Considerations For Building In Flood Zones

Although there are certain risks to building a new home inside a flood zone, most of those risks can be mitigated. Learn what is needed to determine if the land you choose is in a flood zone, how to request a determination, and how to mitigate the risks with building there.

Dirty Secrets About Dirt Work

The Dirty Secrets About Dirt Work

It’s imperative that homeowners know a bit about the process in order to identify common “dirty tricks” and careless shortcuts that disreputable contractors use. Read this article to learn what to watch for while building the foundation of your new home.

Warning signs when hiring a homebuilder - Carroll Construction

Warning Signs When Hiring a Homebuilder

Before hiring a homebuilder, read these warning signs on how to tell if a contractor is offering you a deal that is just too good to be true. An educational resource from Robert Carroll and Carroll Construction.

The Basics of Construction Loans

The Basics About Construction Loans

Learn about the financing terms, structuring payments for the loan, and common types of construction loans…plus the common documents needed to apply for a construction loan.

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Carroll Construction, Building Contractors, Zachary, LA

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IMPORTANT LOAN CONSIDERATIONS

Your budget is the foundation for every other decision you will make while preparing to build a home because it provides context for what is possible. Most people attempt to answer the question of “What is my budget?” by simply deciding how much they would be comfortable spending. Unfortunately, while this is a crucial part of the process, it ignores the rest of the picture. We advise our clients to answer the following questions in the order below. However, if you are self-financing the project, skip to question #3.

1. How much will a financial institution lend me?

This sets what we refer to as your Maximum Loan Amount.

2. What type of loan will I need?

This is where many people get confused because if you ask the wrong questions when interviewing lenders, you’ll get vastly different answers. We recommend reviewing the information in this article on the loan type you will need before meeting with your lending candidates.

3. How much am I willing to spend?

Just because a lender is will to lend up to your Maximum Loan Amount, this does not mean you will be willing to borrow and spend that amount. Consider the monthly payments as a starting point and adjust your Budget amount from there. Your chosen lender can help you with this.

4. What can I reasonably expect to build for what I am willing to spend?

This answer will come from a qualified builder during your preliminary meeting. Be prepared to discuss your budget so that the builder can help you get a better idea of what size home to design to meet your goals.

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7 things You Must Know Before Designing a New Home


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